Real Messenger Class A Shares Clear $1 Bid Threshold, Regains Nasdaq Compliance
Real Messenger regained compliance with Nasdaq’s minimum $1.00 bid requirement after its Class A shares closed at or above $1.00 for 10 consecutive trading days from April 22 to May 5, 2026. This resolution closes the deficiency notice issued on March 13 following a 30-day period of sub-$1 share price between January 29 and March 12, 2026.
1. Nasdaq Compliance Restored
On May 6, 2026, Real Messenger received formal notification that its Class A ordinary shares met the Nasdaq Listing Rule 5550(a)(2) by closing at or above $1.00 for 10 consecutive trading days from April 22 to May 5, 2026, thereby satisfying the minimum bid price requirement.
2. Details of Prior Deficiency
Nasdaq had notified Real Messenger on March 13, 2026 that its shares had closed below $1.00 for 30 consecutive business days between January 29 and March 12, 2026, placing the company at risk of delisting unless compliance was restored.
3. Impact and Next Steps
With the deficiency matter now closed, Real Messenger avoids potential delisting and can focus on user growth and platform enhancements; the company continues to monitor share price levels to maintain listing standards.